MLX 0.00% 40.0¢ metals x limited

4Q2024 Valuation, page-58

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    11 Jul 2024

    International Tin Association

    After a month of price consolidation in June amid a broader retreat in base metals, tin has surged in July. LME 3-month price closed at $US35,007 yesterday, just short of the near two-year high reached in late April and already up 6.5% this month. Speculative interest for tin is also holding firm while long positions in other metals have been pared back. Indonesian supply continues to be an industry focal point and despite an improvement in exports last month, they stay significantly down year-on-year. Spot demand in the physical market remains muted while the semiconductor market gains momentum, global sales were up 19.3% year-on-year in May.

    Tom Langston - Senior Market Analyst

 
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Last
40.0¢
Change
0.000(0.00%)
Mkt cap ! $362.4M
Open High Low Value Volume
41.0¢ 41.0¢ 39.3¢ $396.4K 997.0K

Buyers (Bids)

No. Vol. Price($)
2 152500 39.5¢
 

Sellers (Offers)

Price($) Vol. No.
40.0¢ 134887 3
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